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Ghana and the Next Wave of Entrepreneurship in Africa
I first visited the Meltwater Entrepreneurial School of Technology in Ghana when it first opened in 2008. It was impressive then and it has continued to impress since—helping incubate promising tech startups throughout the country. Five years later, it is part of a growing entrepreneurial ecosystem in Accra that is laying the foundation for future growth. In our final commentary on Africa, we hear from Alicia Robb, senior fellow at the Kauffman Foundation, who has just returned from Ghana about her thoughts on the progress being made.
Economic Confidence on the Rise
Last week, confidence on Wall Street was sent soaring to all-time highs following the April jobs report from the U.S. Department of Labor—employers added 165,000 jobs for the month and unemployment fell to its lowest point since the end of 2008. The confidence of entrepreneurs is on the rise as well according to the latest Startup Confidence Index.
The Voters Have Spoken… On Immigration Reform
How often do you get more than 70% of self-professed conservative Republicans and liberal Democrats to agree? Apparently, when the topic is immigration reform and you ask about a proposal that includes “a pathway to citizenship, allowing more high-skilled workers and guest workers into the country, increasing border security and creating employer verification requirements.” Those are the core elements of the Gang of Eight proposal (S.744: Border Security, Economic Opportunity and Immigration Modernization Act) being pushed by a bi-partisan group of U.S. senators.
Nesta Calls for Refresh on Creative Economy
With the ‘digital revolution’ in full swing and technological innovation advancing daily, the creative industries are expanding. However, the policies that guide the creative economy are too often outdated and based on business models that have been virtually swept away. Nesta, a UK-based foundation focused on innovation, has come up with a set of policy recommendations to guide the UK—and possibly serve as at least a discussion starter for other countries.
This Week in Entrepreneurship Policy
Several hearings on policies that impact entrepreneurial growth are scheduled for the week ahead with the biggest being the Senate Judiciary Committee’s look at potential immigration reform through The Border Security, Economic Opportunity, and Immigration Modernization Act, S.744. Appearing earlier today were representatives from a range of entities including Microsoft, Rochester Institute of Technology, and the Center for Immigration Studies. On Tuesday, U.S. Secretary of Homeland Security Janet Napolitano appears before the committee during a hearing of the same title. Other topics covered in hearings throughout the week include: next-generation computing and “big data analytics”, the SBA budget, STEM workforce, small business lending, the state of wireless communications and more.
A Look Back at Innovation Daily
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.